America’s aging population controls many aspects of society; professions ranging from medicine to farming are seeing leadership stay on well past traditional retirement age.
Rob Rettig, 62, right, and co-owner Mark Schwiebert, 66, at their farm New Vision Farmers in Napoleon, Ohio. Virginia Boothe, a palliative care physician, retired at 69. She loved her work helping people navigate the final chapter of life, but it was relentlessly trying, one emotionally fraught day blending into the next.
In Tinseltown, this fall’s top movies feature actors who predate the boomers: Robert DeNiro, 80, in a film by Martin Scorsese, also 80; and Harrison Ford, 81, in his fifth Indiana Jones flick. When the National Research Group asked moviegoersto a theater, the top 20 performers included two octogenarians and no one under 35. The average age of those actors is now 58.2. Tom Cruise is still leaping off towers and surviving explosions on an impossible mission that has carried him into his 60s.
The aging leadership phenomenon is not exclusively American. King Charles III, who is 74, was the oldest person to be crowned a British monarch. At 73, Benjamin Netanyahu has ruled Israel for more than 15 of the past 27 years. At 69, Recep Tayyip Erdogan has been in charge in Turkey for 20 years. China’s president, Xi Jinping, is 70 and Russian President Vladimir Putin is 71; both are in their second decade of leading their countries.
When one generation seems to be in charge, he said, the results can be unsettling. In politics and business alike, “when leadership stays too long, they can be stiff and unchanging,” Spisak said. “Older employees bring a ton of practical knowledge … But if you’re staying on and status-hoarding, maybe you’re not really a leader, you’re just somebody in a hierarchy trying to maintain power.”
The mayor says voters in Grapevine keep him around because they’re afraid someone else might raise taxes and because the next generation doesn’t seem to share his work ethic or commitment to local affairs. In the federal judiciary, where there are neither mandatory retirement ages nor term limits, the median age of judges is. When the Founders decided to appoint judges for life, they did not foresee life lasting quite this long. Alexander Hamilton argued for lifetime tenure, noting “how few there are who outlive the season of intellectual vigor.” , and only 8 percent are under 30 . Leaders have long worried about their ability to fill crucial roles when the older workers do finally retire.
At 88, Jack Fitzgerald no longer runs for exercise — “my knees went bad,” he says — but he still runs his 16 car dealerships in Maryland, Pennsylvania and Florida, and he’s not retiring anytime soon. For those in the executive suites, the decision to retire is a matter of preference. For the middle and working classes, it’s often a question of ability to afford not working. Only 36 percent of Americans aged 55 or older say they expect to be able to retire when they had hoped to, according to an
To get them to stay, Duckett has been seeking advice from companies in other fields — Hilton, CarMax, Sysco — about how best to retain young people through improved pay, health benefits and longevity bonuses.“There’s a lot of jobs out there and the old tough-it-out culture of the construction industry isn’t resonating with the workers of today and tomorrow. It’s hard to hire people, and I don’t see any end in sight.
For Rettig, leaving the work he loved — he’s cut his hours from 60 to 30 each week — is turning out to be hard, so hard that he sees why many of his peers hang on into their 70s.
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